Parametric Equity Premium Income ETF
PAPI
22 hedge funds and large institutions have $177M invested in Parametric Equity Premium Income ETF in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 3 closing their positions.
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $147M → $177M (+$30M)
10% more funds holding
Funds holding: 20 → 22 (+2)
3.13% more ownership
Funds ownership: 67.18% → 70.31% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$20.7M |
| 2 |
VBA
von Borstel & Associates
The Dalles,
Oregon
|
+$2.54M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.16M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.07M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$998K |
| 2 |
LI
LRI Investments
Palm Beach Gardens,
Florida
|
-$615K |
| 3 |
Jane Street
New York
|
-$498K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$403K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$96.2K |
PAPI Hedge Fund Activity: Q3 2025 in Review
22 of the 7,645 institutional investors tracked by Wall St. Rank reported a position in Parametric Equity Premium Income ETF (PAPI) for Q3 2025, worth a combined $177M — up 20% from $147M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PAPI positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $20.7M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $998K sold.
- 22 institutional investors held Parametric Equity Premium Income ETF (PAPI) as of Q3 2025, up from 20 in Q2 2025.
- Funds reported $177M of Parametric Equity Premium Income ETF stock for Q3 2025, up 20% quarter-over-quarter.
- 5 funds opened new Parametric Equity Premium Income ETF positions in Q3 2025 and 3 closed out, a net change of +2 holders.
- The largest Parametric Equity Premium Income ETF buyer in Q3 2025 was Morgan Stanley, an estimated $20.7M added.
- The largest Parametric Equity Premium Income ETF seller in Q3 2025 was Susquehanna International Group, an estimated $998K sold.
Based on aggregated 13F filings for Q3 2025.